DNA (Did Not Attend) – what you can and can’t do about them
MHM was contacted today regarding last week's articles regarding self-funders and specifically DNA self funding patients. The point was touched upon in one of the articles regarding asking...
Self funding patients – send them an invoice electronically?
I’ve said it repeatedly and it’s true. It is much, much better to send invoices electronically. It’s easier, more accurate and quicker. Further still, most insurance companies demand you...
Should you ask self-funders to pay in advance?
A little over a year ago, a group of surgeons based in the south west of England contacted MHM. In an effort to reduce a large number of issues with outstanding self-funding debtors, they had...
Self funders – what are the most common reasons for non payment?
Most MHM clients have reported issues with self-funders when we get involved. It is also the source of many calls made to MHM. With the self-funding market increasing, it is important to...
Are you doing the right things?
Anybody ever watched the movie “Jerry Maguire” and the immortal quote – show me the money! Clearly a guy I recently bumped into at a medical conference hadn’t. He was the Practice Manager for...
A £37.50 pain and you didn’t get paid for it anyway!
This blog could easily have been called 'YOU WON'T UPLIFT A FEE BY DOING THAT" Recently a private consultant - the colleague of a current client in fact - called me with a problem....
Why are you spending that money??
At a recent presentation, I was asked about the costs and use of accounting software. Bearing in mind the presentation was to consultants who had not yet established a private practice, numerous...
WHAT IS NEXT FOR A PRIVATE CONSULTANT’S FEES?
Many MHM clients have asked what I think the future holds for their fees? A number of private insurance companies have reduced fees for consultations and for surgical episodes over the last...
Check you have been paid correctly – otherwise??
Two codes AB1234 £619.00 and XX2468. £124.50. Total £743.50. It came, as somewhat of a shock to be told therefore the amount being paid to the MHM client was only £24. How can this...
Been on hold long?
Are you making it easy or hard to be paid?
If you get the basics right many problems with getting paid aren't allowed to happen. The basics mean the absolute minimum and mandatory requirements in order to present an account for your...
Do you check the clinic list?
An MHM client held one of his twice-weekly outpatient clinics recently. Nine patients; so there should be NINE invoices. Except there are only EIGHT? Quick look at the list indicates one of the...